3-bedroom house · RG30 4JA
Listing removedReduced £100 (−4.5%) on 22 JulListed 170 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroom mid terrace town house located in a popular area of Tilehurst with good transport links.
The property comprises reception room giving access to the private rear garden, separate kitchen and a cloakroom on the ground floor.
A three piece family bathroom, two double bedrooms with one benefitting from an en suite shower room are located on the first floor.
The master bedroom with an en suite shower room and dressing room occupy the top floor. Residents parking available. Unfurnished. Available 10th July 2026. *Property is suitable for up to 4 sharers.
Location: Spey Road is located between Water Road and The Meadway.
The suburb of Tilehurst is located on the western side of Reading with the River Thames running through its north and A4 to the south.
Junction 12 of the M4 is close by and Tilehurst has its own station offering regular trains to Reading (taking 5 minutes and running twice an hour) and Oxford (35 Minutes) and several bus routes making it an excellent place for commuters.
There are lots of shops including the Tilehurst Triangle and Meadway shopping precincts and a large Waitrose on the Oxford Road and some lovely parks including Reading’s biggest, Prospect Park.
Very popular with families there are a number of good quality schools including Springfield, Birch Copse and Downsway primary and Little Heath and Denefield secondary schools.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 103, Spey Road, Reading
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